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USA Compression Partners First IPO of 2013
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FBN’s Diane Macedo breaks down the stories moving the markets.
- Duration 0:57
- Date Jan 15, 2013
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FBN’s Diane Macedo breaks down the stories moving the markets.
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Hi everyone I'm back.
Fox Business trade ConocoPhillips is selling some of its properties in North Dakota and Montana the subsidiary of Denver resource -- for more than a billion dollars.
The -- expect to close in the first quarter.
Shares of USA compression partners are under pressure on its New York Stock Exchange debut.
The pricing of the company's initial public offering of eleven million shares at eighteen dollars each fell short of the estimated range.
USA compression is the first IPO of the year.
And shares -- given imaging are tumbling on -- the Israeli medical device maker is taking itself off the market.
The company now longer considering a sale or possible merger and will instead focus on its existing operating plan.
Given imaging also says its largest shareholder discount investment plans to -- things.
And that's the latest from the Fox Business Network giving -- the power to prosper.